Trader tetrose bets against the trend on October rate hike, holding $4.45 million in BTC and S&P short positions

On October 10, the implied probability of a "25 basis point rate hike by the Federal Reserve in October" on Polymarket was approximately 15.5%. Market trader tetrose retains the rate hike bet while holding about $4.45 million in BTC and short positions on the S&P 500 index on Hyperliquid. Tetrose currently holds about 297,800 shares of the "Yes" position for the "25 basis point rate hike in October," with an average purchase cost corresponding to an implied probability of about 23.42%. This position is currently valued at approximately $46,200, with an unrealized loss of about $23,600. After stopping losses yesterday, tetrose shorted about 20.95 BTC again, valued at approximately $1.7345 million, with an unrealized loss of about $6,491; additionally, he holds about $2.7115 million in S&P 500 index short positions, with an unrealized loss of about $1,666. The total nominal value of the two short positions is approximately $4.446 million.

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